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Accounting Firm for Sale in Fujairah, United Arab Emirates

For sale: Accounting & auditing firm with 15 active clients &15 renewable contracts, since 2018.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 40 %
Industries Accounting Firms
Locations  Fujairah
Local Time 10:02 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 140 thousand (Native Currency: AED 498,000)
Reason: Looking for expansion as there is vast scope since the corporate tax is going start in July 2023 in ... View More
Interested to connect with advisors
Documents
Trade License
Business Overview

- UAE-based accounting and auditing company, established in 2014.

- Business has 15 active clients at the moment.

- Have 15 renewable accounting & 5 auditing yearly renewable contracts.

- Partnered with Zoho Books, Sage, & Xero accounting software & Also they have thorough working knowledge in Quickbook accounting software to provide services.

- Provide tax services for VAT as well.

- Services are provided to businesses located in the UAE.

- Owner is willing to provide the renewable contracts with the company signatory and seal to the buyer.

- It is a certified accounting firm and the promoter has 20 years of experience in the field and has worked with various auditing firms before starting his own firm.

- Revenue is generated on a monthly basis at a fixed price that is mentioned in the contracts.

- Business is owned by 1 person.

- The business is debt-free.

Products & Services Overview

Part-time accounting.

Auditing.

Implementation of accounting software & professional accounting system.

Assets Overview

The business does not have any physical assets.

Facilities Overview

Have a rented a Flexi office. The yearly rent for it along with the cost of yearly trade license renewal is AED 25,000.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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